Corrugated Packaging Market 2020
Description: –
The global corrugated packaging market was valued at USD 22,600.0 million in the year 2016, which is expected to reach USD 33,259.5 million by the end of the forecast period growing at 5.78% CAGR.
Corrugated Packaging is one of the most preferred packaging for small, medium and large sized products which in turn has increased the demand across the globe. Growing ecommerce industry has become on the major driver in the global corrugated packaging market. Along with this the growing applications segment such as food & beverages, personal care, Pharmaceuticals & healthcare, consumer goods, electronic goods have contributed a major role in the overall market growth. However, government regulation for corrugated packaging and adverse effects on the environment are some factors may hamper the growth of the market.
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Corrugated packaging market segmented on the basis of type that includes rigid boxes, self-erecting boxes, telescope boxes, slotted boxes, others. The study indicates, Rigid boxes segment accounted for the largest share. However, Slotted Boxes is projected to be fastest growing material in the corrugated packaging market. On the basis of wall construction, market can be segmented into single-wall corrugated sheet, double-wall corrugated packaging, and triple-wall corrugated packaging. The study indicates, Single-Wall accounted for the largest market share. The single wall corrugated sheet is composed of a fluted sheet, which is sandwiched between two facings. These sheets are cheaply available and therefore are widely used as a shipping case for online merchants. . On the basis of application, market can be segmented into Food & Beverages, Electronic Goods, Personal Care, Healthcare, Consumer Goods, and Others. The study indicates, Food & Beverages accounted for the largest market share and is expected to be fastest growing application in the market.
Listed Key Players Included Are:
The key players of global corrugated packaging market includes Mondi Group (U.S.), Smurfit Kappa Group (Ireland) , International Paper Company (Tennessee), Orora Packaging Australia Pty Ltd (Australia), WestRock (U.S.), Georgia-Pacific LLC (Atlanta), Archis Packaging (India) Pvt. Ltd., Europac Group (U.K.), KapStone Paper and Packaging Corporation (U.S.) and Nefab Group (Sweden).
This study analyzes the market at the global, regional and corporate levels and deals with the Corrugated Packagingmarket in a comprehensive manner. In addition to future growth opportunities, the report examines the industry’s overall size. A comprehensive summary of the market and product along with the key applications can be found in the market overview given in the first section. The report spans 2020 to 2023 and offers important details and information on market research. The prediction was focused on current developments in the industry and consumption patterns.
Drivers and Risks
Key factors that affect market growth and other significant measures in business development have been discussed. The main market drivers and risks that could affect the Corrugated Packagingbusiness positively and adversely are identified. This research also includes key industry patterns and statistics that can play a key role in the evaluation of business prospects and be driving forces for the market. The market barriers that could impact the company and overall market performance are also covered.
Regional Description
The report segment which covers the major regions in terms of production and consumption with respect to the global Corrugated Packagingmarket provides an in-depth analysis of key market indicators. The individual regions that contribute to the overall market performance were covered, in addition to future prospects. This study describes the production, apparent consumption, export and import of Corrugated Packaginggoods in the regions covered.
Method of Research
In terms of the key parameters, the research team working on the market analysis study has analyzed the Corrugated Packagingmarket based on the Porter Five Forces model. The main aim of the market analysis is to present the forecasts for market size, value, and volume for the assessment period. The research that supports the study findings and prediction requires input from industry experts and participants. To gather market data, credible sources, both main and secondary, have been used.
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Table of Contents – Major Key Points
1 Executive Summary 12
2 Introduction 14
3 Research Methodology 16
4 Market Dynamics 20
5 Market Factor Analysis 25
6 Global Corrugated Packaging Market, By Type 29
7 Global Corrugated Packaging Market, By Wall Construction 33
8 Global Corrugated Packaging Market, By Application 37
9 Global Corrugated Packaging Market, By Region 41
Continued…
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